The First is above, which is the harmonic known as a bullish gartley, which would lead us to the 1.618 extension. Other possible scenarios are a expanding falling wedge, inverse Head & Shoulders, or an ascending trinalge (will post below) I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
nice week to stay above support trendline and close above nicely, stochastic rsi crossing up as well! I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
Currently looking good inside falling wedge with the harmonic, however, if it breaks down, I expect a bounce off of the green line creating an alternate version of this harmonic with same targets. I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
I AM NOT AFINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISOR! The symmetrical triangle needs to hold for continuation upwards.
I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
WPR has broken out of its nearly 3 years long downtrend, this may take a while to play out. I AM NOT A FINANCIAL ADVISER DO YOUR OWN RESEARCH!
Previously broken down from a descending triangle and dumped as you can see but now it broken above the horizontal resistance, come down to retest it as well as found support on the spot that has been strong support many critical times as shown by the circles. I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
Should still be wary of alts with recent months of savagery but the technical seem set for a massive move up and alt recovery. I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
Not too confident on this one as it still looks like it could break down but if current bottom holds (90 cents) for the time being, the breakout out of this can provide us a 70-130% move. I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
In addition to the title, the stoch rsi is very bottomed, looks due for a move up. HOWEVER, be way of alts at the moment as for the most part they are trending down. Be cautious and have SL as it could turn into a Alternate bat formation should it break down and hit the 2nd green line. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
At a very critical point for alts Bullish Case: 1) Two harmonics 2) bullish divergence on the hourly TFs forming 3) 100 DMA support 4) oversold on hourly TFs Bearish case: 1) Broken trendline ---need to wick above it 2 be bullish --- closing body of the candle below the trendline would start nearly a year long downtrend for alts (in my...